I teach courses in Experimental Economics, Game Theory, Managerial Economics, Money and Banking and Government and Business.
This course combines economic principles with quantitative tools, such as calculus and statistics, to address a number of basic problems faced by firms. By the end of this course student's should be able to both analytically characterize and quantify important components of a firm's production, cost and pricing decisions.
We study financial markets (stock and bond, derivatives and foreign exchange markets) and monetary policy. We explore the role fo money, financial instruments, the banking system and monetary policy in the economiy. We will discuss current economic events in light of our newly acquire appreciation of the financial system.
This is a course in industrial organization, a subfield of economics that deals with the consequences of failures to satisfy the assumptions underlying the basic competitive model. Our primary focus is on markets with a limited number of sellers. Topics of particular interest include monopolization, mergers and collusion. To analyze these issues we will use both traditional tools as well as the somewhat newer tools of game theory. Finally, in addition to the current economic thinking about imperfectly competitive markets we will also consider pertinent antitrust policies used to correct competitive problems.
This course studies how people actually behave in markets and strategic situations given economic incentives, and how this observed behavior both conforms to and conflicts with the predictions of standard economic theory. The course will focus on using experimental methods to test the models’ hypotheses. Students will learn how to design experiments, collect experimental data, evaluate hypotheses and interpret the results.